Tag - eur

American iInflation data may affect the USD. Safe-haven assets are down ahead of the agreement between the US and China.

EUR/JPY is enjoying the medium-term uptrend since the start of September. The pair’s currently trading above the 50-week MA (121.66) and above December highs (122.50).

How did the US-Iran conflict end and what were the consequences for oil and gold prices? We examine these and other important events of the Forex market in the weekly market outlook from FBS, giving an outlook for the coming days and the ways to use it…

Most of the majors didn't catch the chance to rise against the USD after the weaker-than-expected NFP release. Currently, the sentiment is determined by the signing of the US-China trade agreement.

EUR/GBP formed a candlestick with a long lower wick on the MN chart – a sign of reversal to the upside…

What if the market uncertainties prevail and the risks of the recession renew? The central banks should have more opportunities to stimulate the economy. However, low rates for most of the central banks and negative for some of them mean the banks are at the edge. 

American trade balance and ISM Non-Manufacturing PMI may affect the US dollar. As a result, major pairs may change their direction.

On the H1, you can see that EUR/USD formed an inverted “Head and Shoulders” pattern.

The 2020 year has started and the direction of the markets is unclear especially due to the US-Iran tensions. Take a fast look at the major events that will determine markets’ direction in January 2020.

The US dollar has been trying to recover after the suffering in the last days of 2019.

Coming to the year-end, the USD is the weakest among the majors. The USD's slip may prolong in 2020. Get clues on the risks for the USD and check the direction of EUR/USD, GBP/USD, USD/JPY, USD/CHF, and XAU/USD.

The economic calendar doesn't provide interesting events to trade on. Let's take a look at the technical setup to get signals. EUR/USD, GBP/USD, USD/JPY, and XAU/USD are under consideration.